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Bank of America fund manager survey shows the Federal Reserve may raise interest rates in the next 12 months

2026-06-17 00:02:31

Golden Finance reports that on June 16th, a survey of global fund managers conducted by Bank of America in June found that 40% of investors expect the Federal Reserve to raise interest rates at least once in the next 12 months, up from 16% in May. The survey also found that 28% of investors expect at least one rate cut this month, a significant decrease from 50% last month. Meanwhile, 28% of respondents expect the federal funds rate to remain unchanged in the next 12 months. The survey was conducted from June 5th to June 11th.

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